As the festival season gets into full swing in the UK, ClashMusic.com has decided it will accept Bitcoin Cash for online transactions, including tickets for concerts.
“With Bitcoin now directly integrated to check out in our online store, we plan to expand acceptance of cryptocurrency into our other consumer-facing services and solutions including ticketing, e-commerce and premium gated content,” says Clash Media Group Managing Director Alex Thompson.
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“Clash has long been early adopters and quick to recognise and adapt to the lifestyle changes and content consumption patterns of our fast-growing consumer audience,” he adds.
His firm believes Bitcoin Cash is the world’s only digital, low-cost, fast, secure transaction-based currency. “Average transaction costs on BCH are $0.002 compared with $2 with the segwit Bitcoin and 2-4% of Visa. That’s why pioneering merchants like Virgin Atlantic are happy to accept the burgeoning cryptocurrency as a payment method.”
“We feel our high-quality product and values are deserving of an equally secure and seamless purchase method for our customer base and the use of Bitcoin Cash is another social trend we’ve been tracking,” he adds.
The company also allows BCH payment for the B2B solutions, such as display advertising, that its Clash-Studios.com website offers.